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HTMLFlorida Office of Insurance Regulation To Hold Citizens Property Insurance Rate Hearing on August 27, 2014
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 27, 2014, previously published on August 21, 2014
On Wednesday, August 27, 2014 at 10:00 a.m., the Florida Office of Insurance Regulation ("OIR") will conduct a public hearing to discuss Florida's Citizens Property Insurance Corporation's ("Citizens") proposed rate changes for its business in the multi-peril and wind-only...

 

HTMLDelaware Surplus Lines Tax Increase Has Florida Impact, FSLSO Advises
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 27, 2014, previously published on August 13, 2014
The Florida Surplus Lines Service Office ("FSLSO") advised today, August 13, 2014, that the State of Delaware has enacted legislation impacting certain Florida surplus lines policies.

 

HTMLFlorida Hurricane Catastrophe Fund Advisory Council Approves 2015-2016 Reimbursement Contract Revisions
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 27, 2014, previously published on August 21, 2014
Yesterday, August 20, 2014, Florida's State Board of Administration ("SBA") held a Rule Development Workshop relating to the Florida Hurricane Catastrophe Fund's ("FHCF's") 2015-2016 Reimbursement Contract.

 

HTMLFlorida's Citizens Property Insurance Adds Premium Finance Company Violations To Agency Performance Standards
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 27, 2014, previously published on August 20, 2014
Florida's Citizens Property Insurance Corporation ("Citizens") Market Accountability Advisory Committee ("MAAC") met via teleconference on August 18, 2014.

 

HTMLNational Council on Compensation Insurance (NCCI) Files First Florida Statewide Average Workers' Compensation Decrease in Four Years
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 27, 2014, previously published on August 25, 2014
On August 22, 2014, the Florida Office of Insurance Regulation ("OIR") announced its receipt of the 2015 Florida workers' compensation rate filing by the National Council on Compensation Insurance ("NCCI"). The filing proposes a statewide average rate decrease of 2.5...

 

HTMLDiscretionary Protection - State Bonding Requirements in P3 Projects
Vianney Lopez; Smith, Currie & Hancock LLP;
Legal Alert/Article
August 25, 2014, previously published on August 19, 2014
Public-private partnerships (“P3s”) have become an increasingly popular procurement method for public projects. P3s refer to the partnership between a public government agency—which can be federal, state, or local—and a private entity. The private entity’s role in...

 

HTMLFlorida Hurricane Catastrophe Fund Offers Tips on Avoiding WIRE System Validation Errors in Advance of September 2 Data Call Deadline
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 21, 2014, previously published on August 12, 2014
Based on insurer responses received in advance of the 2014 Florida Hurricane Catastrophe Fund ("FHCF") Data Call deadline on September 2, 2014, the FHCF has noted several common electronic submission errors that are causing files to fail validation in its new WIRE (Web Insurer Reporting...

 

HTMLEU-US Insurance Project Proposes Initial Steps on Reinsurance Collateral Covered Agreement by Year-End 2014
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 21, 2014, previously published on August 14, 2014
Amid mounting assertions by United States ("US") lawmakers and regulators that individual states should participate directly in the debate on international insurance regulatory standards and convergence, the EU-US Insurance Project has proposed that initial steps should be taken toward...

 

HTMLSuccessful International Negotiations Substantially Reduced Citizens Property Insurance Assessment Load, CEO Gilway Tells Florida Cabinet
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 21, 2014, previously published on August 19, 2014
As part of the Florida Cabinet meeting agenda today, August 19, 2014, Citizens Property Insurance Corporation ("Citizens") President and CEO Barry Gilway was asked to provide an update on the State-run insurer's travel expenses and related policies.

 

HTMLFlorida Workers' Compensation Law Declared Unconstitutional
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 21, 2014, previously published on August 14, 2014
In an order issued yesterday, August 13, 2014, Miami Circuit Court Jorge E. Cueto concluded that Florida's workers' compensation law is facially unconstitutional, as long as it contains section 440.11, F.S. as an exclusive replacement remedy.

 


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